Wednesday, 16 December 2020

Liquid Dispensing Pump, Air Mist Spray, and Trigger Spray Market Forecast Covering Growth Inclinations & Development Strategies until 2030

Transparency Market Research delivers key insights on the global liquid dispensing pump, air mist spray, and trigger spray market. In terms of revenue, the global liquid dispensing pump, air mist spray, and trigger spray market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global liquid dispensing pump, air mist spray, and trigger spray market report.

In this market report, TMR predicts the growing commercial and industrial sector across the globe to have a noteworthy impact on the overall  liquid dispensing pump, air mist spray, and trigger spray market. The advancement in product design and the introduction of innovative packaging in the commercial and industrial sector is anticipated to propel the sale of liquid dispensing pumps, air mist sprays, and trigger sprays in the Asia Pacific region.

The introduction of liquid dispensing pumps, air mist sprays, and trigger sprays due to rapid industrialization and urbanization is expected to propel the market during the forecast period. Furthermore, the implementation of stringent laws for maintaining standard hygienic practices such as continuous washing of hands, sanitizing areas, and overall cleaning is also influencing users to opt for these products and bridging the gap, which is driving their demand.

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In terms of product type, the liquid dispensing pump, air mist spray, and trigger spray market has been segmented into liquid dispenser pump, external spring dispenser, lotion pump, air mist spray, and trigger spray. During the forecast period, the market is anticipated to be dominated by the liquid dispensing pump segment. Based on pump dosage, the liquid dispensing pump, air mist spray, and trigger spray market has been segmented into up to 0.50 ml, 0.50 to 1.50 ml, 1.50 to 2.50 ml, and above 2.50 ml.

Based on locking mechanism, the market is segmented into clip lock, lock down, lock up, twist lock, and others. In terms of spout design, the market is split into flip top spout, long spout, screw spout, and others. In the report, the liquid dispensing pump, air mist spray, and trigger spray market based on end use is classified into cosmetics & personal care, pharmaceuticals, food & beverage, and cleansing & disinfectant products. Based on distribution channel, the liquid dispensing pump, air mist spray, and trigger spray market has been bifurcated into online and offline. The offline segment is anticipated to expand at a significant growth rate during the forecast period. Asia Pacific has seen a surge in adoption of e-Commerce among consumers, which in turn has increased online retail sales of liquid dispensing pumps, air mist sprays, and trigger sprays.

Liquid Dispensing Pump, Air Mist Spray, and Trigger Spray Market: Prominent Regions

Asia Pacific led the liquid dispensing pump, air mist spray, and trigger spray market in 2019 and the region is expected to retain its dominance during the forecast period. China and India are considered the major markets for liquid dispensing pumps, air mist sprays, and trigger sprays in the Asia Pacific region. Apart from Asia Pacific, African provinces also significantly contribute to the growth of the global liquid dispensing pump, air mist spray, and trigger spray market.

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Liquid Dispensing Pump, Air Mist Spray, and Trigger Spray Market: Key Players

The competition landscape of the liquid dispensing pump, air mist spray, and trigger spray market is highly fragmented with leading players accounting for nearly 15% of the revenue share. Key players operating in the global liquid dispensing pump, air mist spray, and trigger spray market include TriMas Corporation, Guala Group, Knida Company Limited, Yuyao Shunlong Sprayer & Tech. Co., Ltd., and Taixing K.K. Plastic Co., Ltd.

Anti-radiation Devices for Cell Phones Market Scenario, Strategies, Growth Factors And Forecast 2027

Transparency Market Research delivers key insights on the global anti-radiation devices for cell phones market. In terms of revenue, the global anti-radiation devices for cell phones market is estimated to expand at a CAGR of over ~7% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global anti-radiation devices for cell phones market report.

In the report, TMR predicts that the global anti-radiation devices for cell phones market would be largely driven by factors such as rising consumer awareness about the ill effects of mobile radiation on the human body. Innovation in technology and design of anti-radiation devices for cell phones is expected to boost market growth in the near future.

According to the anti-radiation devices for cell phones market report, the type segment includes chip, sticker, case, and others. Chip segment is expected to dominate the global anti-radiation devices for cell phones market, in terms of both value as well as volume, and expand at a rapid rate during the forecast period. Chip is easily available in the market and has the ability to fit in different devices. Multiple usage of this product is driving its demand in the global market. Furthermore, the case segment is estimated to propel at a prominent rate in the near future. This segment is majorly driven by the increasing number of products offered by key companies with cases of different mobile handsets.

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In terms of distribution channel, the offline segment holds a large share of the global anti-radiation devices for cell phones market, followed by the online segment. The offline segment dominated the market in 2018, owing to preference of consumers to experience the quality of the product physically. As per the anti-radiation devices for cell phones market report, online distribution channels of anti-radiation devices for cell phones include both e-Commerce websites as well as company-owned websites, while offline distribution channels include supermarkets/hypermarkets, specialty stores, and others (various smaller retail formats). In the near future, e-Commerce platform is anticipated to be the most preferred channel for anti-radiation devices for cell phones.

The anti-radiation devices for cell phones market is highly fragmented. High number of small, medium, and large companies operate in the market at the global and domestic level. Companies work on product innovation to increase their market reach.

Anti-radiation products available in the market are extremely simple and easy to use, and no specific knowledge is required for its operation. Various anti-radiation products are manufactured with an appealing look due to growth in technology. Along with chip and phone cases, several manufacturers have extended their product offerings by developing anti-radiation pouches, holsters, armbands, and headsets. The market for anti-radiation devices is likely to witness significant growth during the forecast period.

Anti-Radiation Devices for Cell Phones Market: Prominent Regions

Presently, North America dominates the global anti-radiation devices for cell phones market followed by Europe. People in North America are more inclined toward purchasing anti-radiation chips and cases for their cell phones. It has been observed that most customers of anti-radiation cell phone devices are high-end mobile users. Moreover, companies are convincing consumers about the adverse effects of mobile radiation, which is expected to propel the market growth in the coming years.

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Demand for anti-radiation devices for cell phones in developing regions such as Asia Pacific is expected to increase significantly during the forecast period. The Asia Pacific anti-radiation devices for cell phones market is driven by the rising number of mobile devices in use in China and India. Moreover, rising consumer awareness about the adverse effect of mobile radiation is driving the market growth.

Anti-radiation Devices for Cell Phones Market: Key Players

Key players operating in the global anti-radiation devices for cell phones market includes Penumbra Brands, Inc., AMERICAN AIRES INC., Cellsafe, DefenderShield, Mobile Safety, RadiArmor, RF Safe Corporation, SafeSleeve Anti-Radiation Cases, Syenergy Environics Limited, and Waves Protect Corp. Companies are extensively focusing on introducing innovative products in order to gain market share.

Extreme Ultraviolet Lithography (EUVL) Market Current Trends And Future Estimations To Elucidate The Investment Pockets (2020-2026)

According to a new market research report titled ‘Extreme Ultraviolet Lithography Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research, the global extreme ultraviolet lithography market is expected to reach value of US$ 3,807.5 Mn by 2026, expanding at a CAGR of 26.8% from 2018 to 2026.

According to the report, the global market is expected to be influenced by a range of macroeconomic and market-specific factors during the forecast period. In terms of demand, Asia Pacific is projected to lead the global market, with the market in the region expanding at a CAGR of 28.6% between 2018 and 2026. Advancements in the miniaturization of electronic devices and reduced number of masking layers are anticipated to significantly drive the market during the forecast period.

Growing adoption of miniaturization to drive the global extreme ultraviolet lithography market

The global extreme ultraviolet lithography is projected to expand at a significant growth rate during the forecast period, due to growing adoption of miniaturization and sophistication of electronic circuit devices. The cutting-edge EUV lithography system enables customers to manufacture smaller, more rapid, and more powerful chips, giving rise to the demand for extreme ultraviolet lithography.

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Also, the conventional argon fluoride (ArF) immersion technology requires expensive multi-patterning mask sets. This technology needs up to four masks to create a silicon wafer layer, while the EUV lithography technology requires only a single mask to create the layer. This factor is likely to augment the extreme ultraviolet lithography market in the next few years.

Global Extreme Ultraviolet Lithography Market: Scope of Report

The global extreme ultraviolet lithography market has been broadly segmented based on light source, end-use, and region. In terms of light source, the market has been segmented into laser-produced plasma, gas discharge, and vacuum sparks. Among these, the laser-produced plasma segment holds a significant share of the market. The segment is anticipated to expand at a CAGR of 27.4% during the forecast period. Based on end-use, the global extreme ultraviolet lithography market has been classified into memory, foundry, and integrated device manufacturers (IDMs). Among these, the memory segment held a prominent i.e. 46.9% share of the global market in 2017, followed by the foundry segment. In terms of region, the global extreme ultraviolet lithography market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

In terms of revenue, Asia Pacific held a leading share of the global market in 2017. The market in the region is anticipated to expand at a CAGR of 28.6% during the forecast period. Presence of a large number of semiconductor companies in the region has led to rise in the adoption of extreme ultraviolet lithography in Asia Pacific. In terms of revenue, South Korea holds a major share of the extreme ultraviolet lithography market in Asia Pacific, due to high usage of semiconductor devices such as memories in the country. The country is followed by Taiwan. Moreover, in terms of revenue, the market in Japan is anticipated to expand at a significant CAGR during the forecast period, due to growing semiconductor industry in the country.

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Global Extreme Ultraviolet Lithography Market: Competition Scenario

The research study includes profiles of leading companies operating in the global extreme ultraviolet lithography market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Currently, only one player i.e. ASML Holding N.V. operates in the global EUVL market. However, in the next few years, companies such as Intel Corporation, Samsung Electronics Co., Ltd., Taiwan Semiconductor Manufacturing Company Limited (TSMC), Canon, Inc., Nikon Corporation, and Carl Zeiss AG are expected to invest in the market.

Sensor Signal Conditioner (SSC) ICs Market Complete Survey 2020-2030 Insights, Demand, Analysis, Manufacturers, Type And Application

Transparency Market Research delivers key insights on the global sensor signal conditioner (SSC) ICs market. In terms of revenue, the global market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global sensor signal conditioner (SSC) ICs market.

Sensor signal conditioner (SSC) ICs helps in conditioning of signals coming out from sensors and going toward the computer. Furthermore, they help in reducing the noise signal and thereby, in increasing the efficiency of electronic devices and automotive electronic systems. Additionally, with the introduction of new technologies and innovations in automotive and consumer electronics industries, sensor signal conditioner IC products are evolving. Based on type, the global sensor signal conditioner (SSC) ICs market has been classified into resistive and capacitive.

Among these, capacitive is the largely used type, owing to growing popularity of capacitor sensor signal conditioner IC products in consumer electronics and automotive industries worldwide. Furthermore, based on application, the global sensor signal conditioner (SSC) ICs market has been classified into accelerometers, temperature sensors, motor drive controllers, pressure sensors, humidity sensors, strain gauges, and others. Based on end-use industry, the global sensor signal conditioner (SSC) ICs market has been classified into automotive, consumer electronics, industrial, and others.

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Sensor Signal Conditioner (SSC) ICs Market: Dynamics

The global consumer electronics industry is continuously growing as a result of increasing standards of living worldwide and rising use of advanced and smart electronic devices such as smartphones. With people using more number of electronic devices with highly advanced features, companies are investing significantly in R&D in consumer electronics devices. With advancements in these devices, the device size is becoming compact. This has led to use of a large number of sensors, especially micro-sensors, and miniaturization of electronic circuits. Growth in the use of sensors is driving the demand for sensor signal conditioner ICs, as the output of a sensor signal conditioner IC is used for smooth processing of signals. Thus, rising demand for technologically advanced consumer electronics devices is expected to have a high positive impact on the global sensor signal conditioner (SSC) ICs market between 2020 and 2030.

Moreover, demand for electronic components, such as capacitors, is rising rapidly worldwide, owing to the development of modern electronic devices and technologies. Furthermore, as a result of advancements in electronic devices, which significantly consume capacitors and other electronic components, the demand for electronic components is increasing rapidly. Additionally, the demand for electronic components in the automotive industry is also rising at a rapid pace, due to evolution of electric vehicles (EVs). EVs use a larger number of capacitors than the traditional vehicles.

This, in turn, is projected to drive the adoption of sensor signal conditioner (SSC) ICs, as capacitor is one of the vital components used in sensor signal conditioner (SSC) ICs. However, shortage in supply of capacitors in 2019, as reported by a distributor i.e. Arrow Electronics, Inc., is estimated to hamper the global capacitors industry in the near future. However, companies can overcome this restraint by ramping up the production and resolving issues related to the supply chain system. Thus, increasing demand for capacitors is projected to have a high positive impact on the global sensor signal conditioner (SSC) ICs market during the forecast period.

Sensor Signal Conditioner (SSC) ICs Market: Prominent Regions

Asia Pacific is the dominant region of the global sensor signal conditioner (SSC) ICs market. Asia Pacific holds a significant share of the global market, owing to presence of a large number of players designing and producing sensor signal conditioner (SSC) ICs. Furthermore, production of integrated circuits is also significant in the region, especially in China, Japan, South Korea, and countries in ASEAN. Presence of a prominent semiconductor sector propels the demand for sensor signal conditioner (SSC) ICs in Asia Pacific. The market in North America is expected to witness prominent growth during the forecast period, owing to presence of key market players, technological advancements, and growth of consumer electronics and automotive sectors in the region.

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In Europe, business performance of the sensor signal conditioner (SSC) ICs market is expected to be favourable during the forecast period, as rise in industrial activities and growth of the automotive industry in the region are significant. Countries including Germany, Spain, Italy, and France have prominent semiconductor sectors. This boosts the sensor signal conditioner (SSC) ICs market in Europe. The sensor signal conditioner (SSC) ICs market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

Sensor Signal Conditioner (SSC) ICs Market: Key Players

Key players operating in the global sensor signal conditioner (SSC) ICs market are FUJITSU, iC-Haus GmbH, Maxim Integrated, Micro Analog Systems Oy, Suzhou Novosense Microelectronics Co., Ltd., Renesas Electronics Corporation, Texas Instruments Incorporated, and OMEGA Engineering Inc.

Tuesday, 15 December 2020

Mattress Market Growth, Trends, and Forecast 2020-2027

The demand within the global mattress market is rising on account of advancements in the residential sector. The need for mattresses in households and hotel is indispensable, and this creates a plethora of opportunities for market growth. Furthermore, use of mattresses is not only related to enhancing the comfort levels of people, but also have an aesthetic dimension to it.

As custom-designed beds make their way into the residential sector, the demand within the mattress market is bound to rise. The use of small mattresses for cushioning of sofas, couches, and other furniture is also a key consideration from the perspective of market growth.

Transparency Market Research (TMR) holds that global mattress market would grow at a sturdy CAGR of 7% over the period between 2019 and 2027. The total value of the global mattress market stood at US$ 37 Bn in 2019, and this figure is expected to reach US$68 by 2027. The demand for mattresses in the residential sector has grown at a robust pace.

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Comfort comes Prior for Consumers

The level of comfort offered by a mattress depends on the type of stuffing used to plump it. The manufacturers are using the best suited materials such as cotton and fur to offer high-quality, comfortable, and durable mattresses. The cumulative demand within the global mattress market is projected to reach new heights in the years to follow. Foam and latex mattresses have especially witnessed a surge in demand in recent times. Moreover, the quest of the market players to offer the most fitting products to the consumers has aided market growth.

The demand within the global mattress market is expected to grow with advancements in several industries including interior planning, designing, and hotel management. The quest of worldwide hospitality chains to offer the highest level of comfort to guests is a key dynamic of market growth. Furthermore, the growing use of social media to write review about stays and experiences at hotels has also put hospitality vendors on their toes.

IKEA Causes Disruption in Global Market

IKEA is a renowned name in the global mattress market, and the company is known for manufacturing comfortable mattresses. The company offers a wide range of king and queen-size mattresses that are designed to ‘serve customer needs.’ The HYLLESTAD spring mattress by IKEA has become a favourite amongst consumers because of the high level of comfort offered by this mattress type.

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The resilient and comfortable foam of the mattress binds along the contours of the body to offer premium comfort and rest. The growth of IKEA into a mammoth-sized market vendor has aided market growth. Sleepwell has also emerged as a renowned player in the global mattress market, and is rapidly growing into a preferred brand for consumers.

Robo-Taxi Market To Witness A Pronounce Growth During 2030

Transparency Market Research has published a new report on the robo-taxi market for the forecast period of 2019–2030. According to the report, the global robo-taxi market is projected to reach a value of ~US$ 15 Bn by 2030, expanding at a CAGR of ~58% during the forecast period of 2019 to 2030.

Global Robo-Taxi Market: Overview

  • According to the report, the global robo-taxi market is likely to be driven by the demand for reduction in the total cost of ownership by ride-hailing companies.
  • The emergence of new business models, such as ‘mobility as a service’, are offering significant opportunities to automakers instead of one-time vehicle sales. Automakers are trying to introduce autonomous vehicles in taxi services to improve consumer service, offer ride-service at lower costs, and lower the operating cost of the service.
  • Key players such as Uber Inc., Waymo, Baidu, and Easy Mile are successfully conducting pilot projects on robo-taxis, and are expected to lead the global robo-taxi market.

Expansion of Global Robo-Taxi Market

  • Robo-taxis reduce the cost of ownership of a fleet operator by 30% to 50%. Radical shift from private ownership of vehicles to shared mobility has evolved the mobility industry, making it imperative for ride-hailing companies to offer services at competitive costs.

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  • The robo-taxi market is at the development stage, with expansion likely to occur post 2025.
  • The U.S. and China have favorable regulatory frameworks to test autonomous vehicles. Several pilot projects are being carried out in these countries, and are expected to lead the global robo-taxi market.

Based on application, the global robo-taxi market has been bifurcated into public transport and others. The rising adoption of autonomous vehicles in ride-hailing services and shared mobility is projected to drive the public transport segment, and subsequently, the robo-taxi market. Robo-taxis are also being utilized to commute shorter distance within business parks, universities, industrial sites, amusement parks, and residential townships.

Based on vehicle, the global robo-taxi market has been classified into cars and shuttles. The cars segment is anticipated to hold a dominant share of the global robo-taxi market, with companies such as Uber Inc., Waymo, Baidu, and Pony.ai launching robo-taxis for the markets in North America and Asia Pacific. The shuttles segment holds a significant share of the robo-taxi market, as autonomous vehicles are being adopted to serve geo-fenced areas such as industrial parks, airports, and universities.

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Regional Analysis of Global Robo-Taxi Market

  • In terms of region, the global robo-taxi market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held a prominent share of the robo-taxi market in 2018. It is anticipated to dominate the global market during the forecast period. Favorable regulatory framework, sustained investments in infrastructure, consumer acceptance of autonomous driving, and the presence of key players in the U.S. is driving the robo-taxi market in North America.

Luxury Furniture Market Overview Growth & Research Finding TO 2022

The global luxury furniture market is expected to grow notably in the upcoming years. The key players in the market are rapidly working on establishing the manufacturing units in the developing economies owing to the low initial costs and investments. Aggressive marketing techniques are being used in the entire market by most of the leading players, to create a lasting impression among the consumers. Some of the major players operating in the global market are Nella Vetrina, Muebles Pico, Laura Ashley Folding PLC, Henredon Furniture Industries Inc., Scavolini S.p.A., Giovanni Visentin srl, Turri S.r.l, Iola Furniture Ltd, and Heritage Home Group LLC.

According to a recent report by Transparency Market Research (TMR), the global luxury furniture market is estimated to expand at a steady CAGR of 5.2%, during the forecast period from 2017 to 2022. The market is prognosticated to reach around worth of US$29,496.7 mn by the end of 2022, from US$22,937.6 mn back in 2017.

On the basis of material types utilized in making of furniture the market is led by wooden luxury furniture segment, with highest revenue in forthcoming years. This is attributed to the monetary value, durability of the material, and aesthetic value in the global luxury furniture market. Regionally, Asia Pacific is providing a huge scope for players in future. Particularly, China is expected to be one of the key revenue generating nation owing to rise in urbanization and increase in disposable income of the people.

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The pattern of safely online bill payment and e-shopping through net-banking is estimated to help the development of the market. In addition, with simple EMI alternatives and rise in number of middle class people are also ready to afford the cost of luxury furniture. Moreover, rise in disposable income of the entire population is as well supporting the development of the luxury furniture market all over the globe.

This is on the grounds that a rise in income has prompted people to shift from standard furniture to luxury furniture products. The growing tendency of buying luxury things as a sign of value of space and status symbol are among the key factors surging the demand for luxury furniture in the market.

Fake Luxury Furniture Material to Hamper Market Growth

One of the difficulties hampering the development of the global luxury furniture market is the developing awareness among the buyers with respect to the negative effect on the nature on utilizing wooden furniture. As wood is a noteworthy income procuring material, it might influence the development of the market in the years to come. The developing accessibility of fake luxury material furniture which are valued at a much lower rate and worked with low quality materials is debilitating the development of the luxury furniture market. Nevertheless, the surging in real estate and construction sectors is foreseen to boost the development of the luxury furniture market.

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This analysis is based on a recent market research report by Transparency Market Research, titled, “Luxury Furniture Market – (Material – Glass, Metal, Plastic, Leather, and Wood; Distribution Channel – Departmental Stores, Online Sales, Independent Furniture Retailers, and Factory Outlets; End User – Commercial and Domestic) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...